Wheat Market Disrupted as China Cancels Major Australian, U.S. Orders

Mumbai, 14 Mar (Commoditiescontrol):Chinese importers have cancelled or delayed roughly 1 million metric tons of Australian wheat imports. Additionally, the U.S. reports over 500,000 metric tons of cancelled wheat sales to China.

Sources indicate the postponements will likely extend shipping into later quarters of the year.

(By Commoditiescontrol Bureau; +91-9820130172)